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Advanced Glass Market Worth $61.57 Billion by 2020

Post Time:Jul 21,2015Classify:Company NewsView:404

Advanced Glass Market by Type (Laminated Glass, Coated Glass, and Toughened Glass), End Use Sector (Commercial Construction, Residential Construction, Infrastructure, Automobiles, Electronics, Sports & Leisure), & by End Use Application (Safety & Security, Solar Control, Optics & Lighting, and High Performance) - Trends & Forecasts to 2020    

 

Advanced glass are special grades of glass which possess specific characteristics and properties designed for specific end use. The glass is designed with the help of advanced technological substances and techniques. It undergoes specialized chemical and mechanical process so as to increase its strength, durability, and coatings for specific applications. The advanced glass market is highly fragmented with the key market players driving the growth with agreements, investments, expansions, acquisitions, partnerships, collaborations, and new product launches in this market. The market is competitive with the leading players involved in the research & development of new advanced glass. The market caters to applications such as commercial construction, residential construction, infrastructure, automobile, electronics, sports, and leisure.

 

The advanced glass market is projected to reach $61.57 Billion by 2020, growing at a CAGR of around 9.6% from 2015 and 2020.

 

North America dominated the market in 2014, which accounted for ~34% of the total advanced glass market share. On the other hand, Asia-Pacific is projected to be the fastest-growing market for the period considered for this study, due to the growing demand for advanced glass products and increasing awareness among people. In terms of end use sector by value, construction is the largest market for advanced glass from 2015 to 2020. In terms of volume, the advanced glass market is estimated to be 4912.36 Million sq. ft. by 2020.

 

Advanced Glass market share by region, 2014

China Glass Network 

Source: Expert Interviews and MarketsandMarkets Analysis

This report estimates the size of the advanced glass market in terms of volume (million sq.ft.). In this report, the market has been segmented broadly on the basis of type, application, end use, and geography. The market drivers, restraints, opportunities, challenges, and product price trends have been discussed in detail. The share of participants in the overall market has also been discussed in detail.

 

Scope of the Report

 

This research report categorizes the advanced glass market based on type, application, and region.

 

Based on type, the market has been segmented as follows:

 

Laminated Glass

Coated Glass

 Toughened Glass

Others (including chemically strengthened glass, filter glass and ceramic glass)

Based on sector, the market has been segmented as follows:

 

Commercial Construction

Residential Construction

Infrastructure

Automobiles

Electronics

Sports

Leisure

Others (medical, marine, and research & development application)

Based on end-use, the market has been segmented as follows:

 

Safety & Security

Fire Rated

Solar Control

High Performance

Others (includes insulation, and packaging)

Based on geography, the market has been segmented as follows:

 

North America

Europe

Asia-Pacific

RoW (includes Brazil, Argentina, UAE, Israel, Chile, and Colombia)

Read more at: www.marketsandmarkets.com/Market-Reports/advanced-glass-market-98373435.html

Source: www.marketsandmarkets.com Author: shangyi

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